Electricity plans in Waco
Compare 119+ plans by true cost from providers serving Waco. Find the right rate for your home.
Updated May 2026 · Live rates from electricrates.org
Waco fast facts
- County
- McLennan County
- Population
- 140K
- TDU
- Oncor
- Sample ZIP
- 76701
- Oncor outage / switch-hold line
- 1-888-313-4747
About Waco
What you're shopping for power in.
Waco is a Central Texas city on the Brazos, home to Baylor University, the Magnolia (Chip and Joanna Gaines) destination, and Mars Wrigley's Skittles plant. Mid-sized, college-town-flavored.
Climate & bill pattern
Central Texas climate — hot dry summers, mild winters.
Wide housing stock variation; student housing near Baylor (smaller, older) vs. 2,200+ sq ft suburban homes in Hewitt and Woodway.
Major employers
- ·Baylor University
- ·Baylor Scott & White Hillcrest Medical Center
- ·Providence Healthcare Network
- ·L3Harris Technologies
- ·Mars Wrigley
Known neighborhoods
- ·Castle Heights
- ·Cameron Park
- ·Lake Air
- ·Robinson
- ·Hewitt
Best in Waco
Best plans in Waco
Ranked by real monthly bill at 1,000 kWh.
SimpleSaver 14
Maxx Saver Value 8
Smart Choice - 12
SimpleSaver 12
Bill Credit Bundle 24
Bill Bonus 24
Providers
Compare providers
See the lowest true-cost rate from each retail electricity provider serving Waco.
Local guide
About electricity in Waco
Waco is served by Oncor as the local TDU. With a population of 140K, it's one of the deregulated markets in Texas — residents can shop 119+ competitive plans from 8+ retail electric providers serving the Oncor grid.
The average all-in rate in Waco is currently 15.2¢/kWh at 1,000 kWh usage. Actual rates vary by plan type, contract length, and how much your home uses. Fixed-rate plans typically offer the best value for households that don't want to think about rate swings.
Switching is 1-3 business days with no service interruption — same meter, same wires, new bill from a new company.
FAQ
Common questions
What is the average electricity rate in Waco?
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Approximately 15.2¢/kWh at 1,000 kWh. Plans on the Oncor grid range from 7.2¢ to over 18¢/kWh depending on type and term.
Who is the TDU for Waco?
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Oncor maintains the power lines and infrastructure. TDU charges are the same regardless of your retail provider — set by the Public Utility Commission.
Can I switch providers in Waco?
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Yes. Choose from 119+ plans available on the Oncor grid. Switching takes 1–3 business days with no service interruption — same meter, same wires, new bill from a new company.
How are the rankings calculated?
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We sort by the real monthly bill at your home's usage — not the advertised rate at 2,000 kWh. We flag bill-credit plans and minimum usage fees so you see the true cost.
Ready to save on electricity?
Compare 119+ plans in Waco or let our guided quiz find the right plan for your home.
Explore Waco
Drill in on Waco electricity
Waco electricity rates
Price-focused: rates by usage tier, savings math
Waco electricity plans
Plan types available, providers serving the city
Start service in Waco
Move-in or first-time customer
Switch providers in Waco
1–3 days, no service interruption
Best plans in Waco
Top-ranked by overall score
Cheap plans in Waco
Lowest available rates on Oncor
Fixed-rate plans in Waco
Locked rate for the contract term
Variable-rate plans in Waco
No contract, flexible month-to-month
No-deposit plans in Waco
Skip the credit check or deposit
Best providers in Waco
Top-rated REPs serving Oncor
Cheapest providers in Waco
Sorted by lowest available rate
Green providers in Waco
100% renewable energy options
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